Critics Argue That Some Bias Based on Class, Race, or Ethnicity

question 97

True/False

Critics argue that some bias based on class, race, or ethnicity is inherent in any formal testing.

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Definitions:

Book Value

The net value of a company's assets as recorded on its balance sheet, calculated as total assets minus intangible assets (patents, goodwill) and liabilities.

Convertible Bonds

Bonds that can be converted into a predetermined amount of the company's equity at certain times during its life, usually at the discretion of the bondholder.

Outstanding Voting Shares

The total shares of a company that are held by shareholders and carry rights to vote on company matters.

De Facto Control

A situation where control over an entity is held through means other than formal share ownership.